Consumer intentions on buying TV sets fell in Oct. from Sept., ac...
Consumer intentions on buying TV sets fell in Oct. from Sept., according to preliminary data in Conference Board monthly survey. Of 5,000 households polled, 6.7% said they planned to buy TV set in next 6 months, down from 7.5%…
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in Sept., 7.3% in Aug., 6.9% in Oct. 2000. Consumer Confidence Index fell in Oct. for 4th consecutive month, and at 85.5 stood at lowest point since Feb. 1994. Conference Board said: “Widespread layoffs and rising unemployment do not signal a rebound in confidence any time soon. With the holiday season quickly approaching, there is little positive stimuli on the horizon.”